Agree Realty Declares Increased Monthly Common Dividend From $0.25 To $0.253 Per Share
Portfolio Pulse from Benzinga Newsdesk
Agree Realty Corporation (NYSE:ADC) has announced an increase in its monthly dividend from $0.25 to $0.253 per share, resulting in a 2.4% year-over-year growth. The annualized dividend is now $3.036 per share.
October 10, 2024 | 8:10 pm
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POSITIVE IMPACT
Agree Realty Corporation has increased its monthly dividend to $0.253 per share, a 1.2% month-over-month rise, leading to a 2.4% year-over-year growth. This reflects positively on the company's financial health and commitment to returning value to shareholders.
The increase in the monthly dividend indicates strong financial performance and a commitment to shareholder returns, which is likely to positively impact the stock price in the short term. The 2.4% year-over-year growth in dividends suggests stability and potential for future growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100